Tech Mahindra shares have fallen nearly 10% in five sessions despite better-than-expected Q2 results. Analysts trimmed FY26–FY27 earnings and target prices amid delays in project ramp-ups, weak client spending, and global policy uncertainty impacting near-term margin improvement.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.